7Baggers
Quarterly
Annual
    Unit: USD2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 
      
    		             
      operating activities:
    		             
      net income
    		-24,696,000 -20,949,000 -21,125,000 -5,767,000 -5,481,000 -10,973,000 -11,857,000 -5,723,000 -10,055,000 -12,919,000 -5,545,000 -68,025,000 -54,764,000 
      adjustments to reconcile net income to net cash from operating activities:
    		             
      depreciation of property and equipment
    		1,481,000 1,399,000 1,343,000 1,305,000 1,186,000 1,092,000 1,203,000 1,346,000 1,088,000 1,053,000 1,004,000 2,728,000 1,818,000 
      amortization of intangible assets
    		45,905,000 42,898,000 43,326,000 35,730,000 35,744,000 35,744,000 35,749,000 34,522,000 34,261,000 34,193,000 33,741,000 100,319,000 66,728,000 
      amortization of deferred financing costs
    		1,411,000 1,426,000 1,026,000 298,000 300,000 295,000 294,000 297,000 294,000 293,000 294,000 1,958,000 1,218,000 
      stock-based compensation
    		14,353,000 15,552,000 12,445,000 10,551,000 11,675,000 11,676,000 9,635,000 8,915,000 8,699,000 8,158,000 7,813,000 11,532,000 4,823,000 
      deferred income taxes
    		-10,569,000 -6,777,000 -7,851,000 1,000 -3,387,000 -1,347,000 -3,059,000 -158,000 -4,642,000 -2,011,000 -3,411,000 -20,254,000 -15,402,000 
      non-cash operating lease expense
    		             
      other
    		-2,301,000 820,000 1,307,000 -2,195,000 2,669,000 3,000 181,000 -1,248,000 2,318,000 2,959,000 -360,000 1,565,000 1,405,000 
      changes in assets and liabilities:
    		             
      accounts receivable—net
    		124,499,000             
      prepaid expenses and other assets
    		12,772,000 13,679,000 -52,461,000 6,698,000 11,430,000 12,877,000 -39,557,000 16,881,000 10,235,000 13,557,000 -34,733,000 80,000 -6,970,000 
      deferred commissions
    		-308,000 -2,806,000 1,892,000 1,754,000 1,074,000 878,000 944,000 685,000 -1,529,000 -108,000 304,000 -5,596,000 -2,375,000 
      accounts payable and accrued liabilities
    		-571,000 14,008,000 -10,446,000 7,576,000 -5,847,000 5,459,000 -7,177,000 168,000 6,736,000 2,615,000 -11,746,000 8,634,000 -195,000 
      deferred revenue
    		43,312,000 105,003,000 -85,138,000 -44,444,000 16,366,000 115,016,000 -73,658,000 -38,383,000 37,541,000 91,781,000 -66,701,000 80,470,000 44,058,000 
      lease liabilities
    		-1,705,000 -1,750,000 1,443,000 -1,686,000 -1,619,000 -1,839,000 -1,912,000 -1,474,000 -1,856,000 -2,019,000 -1,468,000 -4,746,000 -3,050,000 
      other liabilities
    		-1,316,000 61,000 -2,019,000 672,000 2,916,000 -72,000 -324,000 -184,000 -263,000 -265,000 -1,113,000 -919,000 -346,000 
      net cash from operating activities
    		203,114,000 -8,108,000 -92,553,000 36,968,000 182,808,000 25,158,000 -80,918,000 18,797,000 179,014,000 8,405,000 -65,945,000 108,816,000 -52,367,000 
      capex
    		-2,433,000 -1,865,000 -1,881,000 -1,232,000 -1,808,000 -1,573,000 -1,327,000 -1,342,000 -1,564,000 -2,082,000 -1,333,000 -2,800,000 -1,607,000 
      free cash flows
    		200,681,000 -9,973,000 -94,434,000 35,736,000 181,000,000 23,585,000 -82,245,000 17,455,000 177,450,000 6,323,000 -67,278,000 106,016,000 -53,974,000 
      investing activities:
    		             
      purchases of property and equipment
    		-2,433,000 -1,865,000 -1,881,000 -1,232,000 -1,808,000 -1,573,000 -1,327,000 -1,342,000 -1,564,000 -2,082,000 -1,333,000 -2,800,000 -1,607,000 
      proceeds from sale of property and equipment
    		8,000 14,000 8,000 8,000 7,000 29,000 6,000 2,000 5,000 14,000 22,000 40,000 24,000 
      business acquisitions, net of cash received
    		-79,823,000 0 -821,739,000      0   -16,886,000 -16,030,000 
      net cash from investing activities
    		-82,248,000 -1,851,000 -823,612,000 -1,224,000 -1,801,000 -1,544,000 -1,321,000 -90,869,000 -1,559,000 -21,552,000 -1,311,000 26,372,000 28,405,000 
      financing activities:
    		             
      proceeds from issuance of common stock from employee equity plans
    		2,755,000 0 3,228,000 -1,000 2,723,000 0 3,295,000 0 3,251,000 0 4,076,000   
      shares repurchased for tax withholdings on vesting of restricted stock units
    		-1,075,000 -1,682,000 -1,568,000 -1,681,000 -1,961,000 -1,709,000 -1,279,000 -1,939,000 -1,645,000 -425,000 -1,263,000 -1,318,000  
      proceeds from issuance of term debt, net of discount
    		0 -427,000 664,319,000           
      payments for financing costs
    		    0         
      advances from revolving credit facility
    		0             
      repayment of advances from revolving credit facility
    		             
      change in customer fund deposits
    		6,052,000 1,184,000 -795,000           
      repayments on long-term debt
    		-2,993,000 -2,993,000 -2,993,000  -1,250,000 -1,250,000 -1,250,000  -1,250,000     
      net cash from financing activities
    		-65,261,000 66,082,000 662,191,000 -2,932,000 -488,000 -3,043,000 766,000 -3,208,000 356,000 -1,675,000 2,813,000 -54,353,000 -52,457,000 
      foreign currency impacts on cash, cash equivalents, restricted cash, and funds held on behalf of customers
    		2,477,000 -211,000 -979,000           
      net increase in cash, cash equivalents, restricted cash, and funds held on behalf of customers
    		             
      cash, cash equivalents, restricted cash, and funds held on behalf of customers, beginning of period
    		0 0 344,208,000           
      cash, cash equivalents, restricted cash, and funds held on behalf of customers, end of period
    		58,082,000 55,912,000 89,255,000           
      supplemental cash flow disclosure:
    		             
      cash paid for taxes
    		939,000 2,033,000 1,015,000 98,000 838,000 1,638,000 181,000 68,000 259,000 2,706,000 69,000 556,000 403,000 
      cash paid for interest on outstanding debt
    		25,725,000             
      non-cash investing and financing activities:
    		             
      capital expenditures incurred but not yet paid
    		67,000 -188,000 231,000 -73,000 -63,000 -48,000 186,000 47,000 -169,000 70,000 119,000 62,000 65,000 
      right-of-use assets
    		 860,000 -644,000 1,225,000 1,045,000 1,312,000 991,000 1,250,000 1,228,000 1,213,000 1,197,000 7,552,000 6,380,000 
      net decrease in cash, cash equivalents, restricted cash, and funds held on behalf of customers
    		 55,912,000 -254,953,000           
      accounts receivable
    		  24,349,000 25,250,000 114,737,000 -144,963,000 7,629,000 1,903,000 94,959,000 -130,095,000 14,779,000 -7,700,000 -96,913,000 
      interest paid
    		  15,446,000 10,975,000 13,781,000 9,578,000 8,096,000 8,123,000 4,184,000 4,342,000 1,424,000 42,302,000 31,749,000 
      impairment on disposal group
    		           1,218,000  
      loss on extinguishment of debt
    		             
      proceeds from sale of bridge
    		           46,018,000 46,018,000 
      business acquisitions, net of cash acquired
    		             
      ipo proceeds, net of offering costs paid of 6,068
    		             
      distributions to stockholders
    		           -930,000 -923,000 
      repayments of long-term debt
    		           -307,882,000 -51,534,000 
      term loan prepayment premium
    		           -3,827,000  
      payments of financing costs
    		             
      foreign currency impacts on cash and cash equivalents
    		             
      net increase in cash, cash equivalents and restricted cash
    		             
      cash, cash equivalents and restricted cash, beginning of period
    		             
      cash, cash equivalents and restricted cash, end of period
    		             
      foreign currency impacts on cash, cash equivalents, and restricted cash
    		    -1,703,000 156,000 301,000  -1,965,000 -2,881,000 590,000   
      net increase in cash, cash equivalents, and restricted cash
    		           80,835,000  
      cash, cash equivalents, and restricted cash, beginning of period
    		    0 0 190,266,000  0 0 169,152,000 150,953,000 150,953,000 
      cash, cash equivalents, and restricted cash, end of period
    		    178,816,000 20,727,000 109,094,000  175,846,000 -17,703,000 105,299,000 231,788,000 74,534,000 
      net decrease in cash, cash equivalents, and restricted cash
    		     20,727,000 -81,172,000   -17,703,000 -63,853,000   
      impairment on held-for-sale goodwill
    		             
      maturities of marketable securities
    		             
      ipo proceeds, net of offering costs paid of 5,719
    		           259,604,000  
      proceeds from contributions from stockholders
    		             
      repurchase of topco units
    		             
      purchases of marketable securities
    		             
      sale of marketable securities
    		             
      issuance of common stock for acquisitions
    		             
      consideration not yet paid in connection with the acquisition of portfolium
    		             
      loss on disposition
    		            1,218,000 
      shares repurchased for tax withholdings on vesting of restricted stock
    		             
      net increase in cash and cash equivalents
    		            -76,419,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.